The Latest

China suspended the operations of PricewaterhouseCoopers LLP for six months and imposed a record penalty over lapses in its auditing of China Evergrande Group.

Plus, Gusto announces "Gus" AI; Boost launches cross-border payment solution; and other accounting tech news.

Plus, CohnReznick expands its valuation practice, Herbein adds a director of business development, and Abdo and Mercadien each announce a wave of promotions.

The presidential nominee is looking to turn the page with a new populist tax cut proposal.

Gartner estimates that, by 2026, around 80% of independent software vendors will embed gen AI capabilities in enterprise applications, versus less than 1% in 2023.

Noted; loan sharks; lowering the Boomer; and other highlights of recent tax cases.

The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.

The IRS is pushing back payment and filing deadlines for taxpayers hit by August weather.

CPA firms are perfectly positioned to provide advisory and assurance services on ESG reporting, given their infrastructure around audit quality, independence requirements, and professional development.

The Internal Revenue Service and the Treasury issued proposed regs on the Corporate Alternative Minimum Tax.